Mastercard (MA) Return on Invested Capital (2009 - 2026)

Mastercard's (MA) quarterly Return on Invested Capital came in at 0.04% in Q2 2026, down 2.0% YoY from 0.05% in Q2 2025, and down 54.56% on a QoQ basis from 0.1% in Q1 2026.

Mastercard (MA) Return on Invested Capital (2009 - 2026) Analysis & Trends

Mastercard (MA) has 9 years of Return on Invested Capital data on file, last reported at 0.04% in Q2 2026.

  • Quarterly Return on Invested Capital fell 2.0% year-over-year to 0.04% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.04% (down 2.0% YoY) and the FY2025 annual result came in at 0.2%, up 8.0% from the prior year.
  • Return on Invested Capital declined to 0.04% in Q2 2026, from 0.1% in the prior quarter.
  • In the past five years, Return on Invested Capital ranged from a high of 0.2% in Q4 2025 to a low of 0.02% in Q2 2024.
  • A 5-year average of 0.05% and a median of 0.04% in 2022 frame the typical range for Return on Invested Capital.
  • Annual changes were most pronounced in 2022 — Return on Invested Capital fell 3 bps — and 2025, when it increased 18 bps.
  • Tracing MA's Return on Invested Capital over 5 years: stood at 0.03% in 2022, then slipped by 11 bps to 0.03% in 2023, then dropped by 14 bps to 0.03% in 2024, then soared by 667 bps to 0.2% in 2025, then sank by 78 bps to 0.04% in 2026.
  • The last three Return on Invested Capital figures came in at 0.04% (Q2 2026), 0.1% (Q1 2026), and 0.2% (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Visa 618.21 Bn 605.85 Bn - 0.02%
2 Mastercard 506.53 Bn 493.04 Bn - 0.04%
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn 0.02%
4 Capital One Financial 136.19 Bn 81.48 Bn - -
5 PayPal Holdings 52.34 Bn 41.08 Bn - 0.02%
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - -
8 Affirm Holdings 25.93 Bn 24.20 Bn - -
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn 0.00%
10 Ally Financial 13.61 Bn 5.77 Bn 2.08 Bn 0.00%

Historic Data

Download Data
DateValue
Jun 30, 2026 0.04%
Mar 31, 2026 0.10%
Dec 31, 2025 0.20%
Sep 30, 2025 0.13%
Jun 30, 2025 0.07%
Mar 31, 2025 0.04%
Dec 31, 2024 0.03%
Sep 30, 2024 0.02%
Jun 30, 2024 0.02%
Mar 31, 2024 0.02%
Dec 31, 2023 0.03%
Sep 30, 2023 0.04%
Jun 30, 2023 0.04%
Mar 31, 2023 0.04%
Dec 31, 2022 0.03%
Sep 30, 2022 0.03%
Jun 30, 2022 0.03%
Mar 31, 2022 0.03%
Dec 31, 2021 0.03%
Sep 30, 2021 0.03%